Metastock Indicator Formula |
Vidya 21, 5 |
| This is the MetaStock code for VIDYA 21,5 which applies to the article "Breaking Out Of Price Channels" by Gerald Marisch in the TASC January 1998 edition. |
| Formula: |
Length:=Input("Length",1,200,21);
Smooth:=Input("Smoothing",1,200,5);
AbsCMO:=(Abs(CMO(C,Length)))/100;
SC:=2/(Smooth+1);
VIDYA:=If(Cum(1)<=(Length+1),C,(SC*AbsCMO*CLOSE)+(1-(SC*AbsCMO))*PREV);
VIDYA |
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